What is a Goliath Bet? A Goliath is a bet that consists of 8 selections, as a multiple this is a total of 247 bets, which consists of 28 doubles, 56 trebles, 70 four-folds accumulators, 56 five-folds accumulators, 28 six-fold accumulators, eight seven-fold accumulators, and one eight-fold accumulator.
With this bet consisting of 247 separate bets, be careful what stake you choose because a £1 stake would equal a £247 bet stake (247x£1).
This bet covers a lot of eventualities and should only be used if you think that you are going to get a lot of the selections correct, otherwise, this type of bet should be for fun only and done at very low stakes with still huge payout potential.
It Is Called A Goliath For A Reason
A huge bet that should only be sued by professional punters or at very low stakes, 247 bets is a lot in anyone’s book.
Pros Of The Goliath
- Covers every eventuality, from doubles and trebles to 6 folds and accumulators every bet is covered except for win singles.
- The payouts can be huge if you get all selections correct, though getting 8 correct is a big ask even for the luckiest punters out there.
- Depending on the odds landing just 3 winners from 8 could be a money spinner for you.
Cons of Goliath Bets
- Huge stakes are needed just a 5p goliath for example would be 247×0.05= £12.35 but many bookmakers may have a minimum stake that will allow for these bet types so it’s worth checking first.
- No value is added by bookmakers and if anything they get bigger margins from these bet types in the long run.
Biggest wins on Goliath Bets
One of the biggest Goliath bet winners was a £23000 win for a punter who staked 9p e/w (total stake £44.46), he landed 7 of the 8 selections with the last one coming second, just imagine if that had won!
Like the story says though winners on these bets are few and far between, but not impossible.
Is The Goliath Bet For You?
To summarise the Goliath bet can pay huge dividends but it’s important to realize that the stake this bet will cost you is a lot higher than a standard bet and therefore should be used with caution.
You could use this bet type for a day at the races covering all aces with this bet and not just placing win bets at a bookie could net you a bigger reward if you tend to get a few winners that is.
In my opinion, you are far better off with a Lucky 15 or a Lucky 31 bet it’s cheaper and still has good coverage for fewer selections.
